Category: Managing Vendors

To better help you prepare for responsibilities of vendor and procurement management, let’s review the type of skills and knowledge a project manager should possess to be effective in these areas. The key project management skills needed for procurement and vendor management include the following: Stuff You Need to Know About Contracts I mentioned earlier…

The following tips and techniques have been picked up from the front lines of project management and might be helpful to both seller organizations and project managers in their efforts to get the most from their contracted project work and business relationships:

The following tips and techniques have been picked up from the front line of project management and might be helpful to both buyer organizations and project managers in their efforts to get the most from their outsourced project arrangements:

The following ten fundamental principles will guide your efforts in managing vendor relationships:

For the sake of clarity and brevity, let’s review a few terms and touch on the focus. By vendor, I mean the seller organization—the organization that is contracted to provide product or services. I generally refer to the client organization—the organization purchasing the services—as the buyer. The use of buyer and seller terms here is consistent…

As more and more organizations look to focus on their core competencies and reduce their fixed operating costs, while simultaneously attempting to execute more projects, it is very likely that your project, even your first one, will involve collaboration with other organizations. Although the specific process for establishing working relationships with other organizations depends largely…